Lycos Europe To Shut Down After Failing To Find Buyer

It’s the end of the road. After putting itself on the auction block in April, Lycos Europe has finally conceded what had become increasingly clear – no-one wants to buy the ailing portal. So it confirmed Wednesday morning it will wind up its portal and its web hosting activities. It’s now about asset stripping – the company said it still wants to sell its domain names, its Danish business and its shopping sites. As a result, Lycos Europe will give back